Company director gets contracts at gun point

TN News

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The director of a construction consulting company in Ho Chi Minh City has been arrested for using guns to threaten other companies in order to get contracts to fill land and buy scrap materials at lower than market prices.

Hoang Van Thiep, director of the Hoang Hiep Construction Consulting Company in Thu Duc District, was detained together with six subordinates on December 7 on charges of illegal possession and trading of military weapons.

The crime is punishable from one to seven years and up to life sentence in serious cases.

An inspection carried out on December 10 of Thiep's house on Street No. 20 in Thu Duc's Linh Tay Ward as well as it surrounds. Police did not find anything in his house, but found three guns, cartridges and gunpowder buried in the garden of a nearby house.

After Thiep was arrested, many of his victims have come forward and told the police about his crimes.

The general director of a construction company in Phu Nhuan District, identified only as T, said Thiep's gang had sent many text messages threatening to kill him and his family because he had refused to sell scrap materials at some construction site in HCMC and Ba Ria-Vung Tau Province to them at lower than market prices.

Thiep's subordinates are also accused of assaulting the contractor of an apartment in District 7 in October because he had terminated a contract to fill sand at a site after Thiep's company failed to perform the task as agreed.

Police are investigating the cases.

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